LONDON MINING - AGM 2009 RESULTS

London Mining is pleased to announce that all the resolutions proposed in the Notice of the Annual General Meeting as sent out and published on 23 March 2009, were passed on a poll at the Annual General Meeting held at 11 am (London time) today. Shareholders holding an aggregate 92.1% of the issued share capital of the Company attended either in person or by proxy, or were represented at the meeting.

At the meeting, the Annual Accounts, the Directors' Report and the Auditors report was adopted and the Directors' Remunerations Report was approved.

The Chairman of the Board, Dr. Colin Knight, and the Directors Rachel Rhodes and Dr Hans Schønwandt were re-elected and the Company's auditor, Deloitte LLP, was reappointed. Also, the Directors were given the authority to fix the auditors remuneration.

In addition to this, the Directors were given the authority to allot shares up to one third of the Company's issued share capital as at 23 March 2009. The Directors were also authorised to disapply pre-emption rights under Section 89 of the Companies Act 1985.

The Company was given authority to make market purchases of its own ordinary shares, limited to up to 15% of the ordinary shares issued at 23 March 2009. However, the authority will only be exercised if Oslo Børs/ Axess is designated as a recognised investment exchange for the purposes of the UK Companies Act 2006 (which it currently is not) or the Company obtains a listing on another exchange which is a recognised investment exchange and the Directors consider that there is likely to be a beneficial impact on earnings per ordinary share, as well as in the best interests of the Company at the time.

It was also given authority to hold extraordinary meetings on 14 clear days' notice.

Please find further details of the results of the poll vote enclosed. For more details on the resolutions passed, please refer to the Notice sent out on 23 March 2009.

For more information, please contact:

London Mining Plc
Thomas Credland, Head of Investor Relations               +44 (0)20 7201 5000

Crux Kommunikasjon AS
Charlotte Knudsen                                                      +47 97 56 19 59

Threadneedle Communication (UK)
Laurence Read/ Graham Herring                                  +44 (0) 20 76539850

About London Mining
London Mining is incorporated and registered in the UK, and is developing mines to supply the global steel industry. In 2007, London Mining raised over USD 185 million to advance iron ore production from its projects, and listed on the Oslo Axess, a marketplace regulated by the Oslo Stock Exchange in October 2007. Following the sale of its Brazilian operations in August 2008 for more than USD 800 million, the Company has investments in iron ore projects and mines in China, Mexico, Saudi Arabia, Greenland and Sierra Leone, and coal projects and mines in South Africa and Colombia. London Mining is trading under the Reuters symbol LOND.OL and Bloomberg symbol LOND:NO.

Please also visit our website www.londonmining.co.uk for more information about London Mining and its operations.

Announcement AGM 2009 results

AGM results